Altcoins

Stellar lumen price is attempting a fresh increase from the $0.1180 zone against the US Dollar. XLM price is now trading above $0.1280 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.1280 on the 4-hour chart (data feed via Kraken). The pair could accelerate higher if there is a clear move above the $0.140 resistance zone. Stellar lumen price is trading above $0.1300 against the US Dollar, like...

XRP price is attempting a fresh increase from the $0.5680 support against the US dollar. The price is now trading above $0.610 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.630 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.6580 resistance. XRP price is gaining pace above $0.630 against the US Dollar, like Bitcoin. It must...

Bitcoin’s price movements over the weekend have been somewhat underwhelming as the asset has calmed at just over $64,000 after the previous week’s volatility. The altcoins are, in general, also less volatile today, with a few exceptions like Dogecoin, which has surged by around 7%. BTC Calms Last business week started on a highly unfavorable note for the primary cryptocurrency, which had recovered most of the losses from the end of the previous one. The asset stood at $69,000...

BTC’s price troubles are not over yet as the asset tumbled to $62,500 yesterday before managing to recover around two grand. The altcoins have also bled out on a daily scale, and the total crypto market cap has remained well below $2.6 trillion. Bitcoin’s Latest Issues The start of the current business week and how it went were in total contrast to the previous one when BTC skyrocketed above $73,000 to chart its latest ATH. However, the bears have taken control of the market...

In August 2022, the US Treasury Department’s Office of Foreign Asset Control (OFAC) imposed sanctions on Tornado Cash, prohibiting its usage for US citizens, residents, and companies. But this has not deterred hackers from moving stolen funds through the controversial crypto tumbler to obfuscate tracking. In fact, PeckShield’s latest update reveals that exploiters of the HECOBridge have moved over 40,391 ETH, valued at around $145.7 million, executing 19 outgoing transactions...

[unable to retrieve full-text content]CoinspeakerRecord-Breaking: PUMP Meme Coin Presale Raises $280 Million on BakerySwap BakerySwap's PUMP meme coin presale shattered records, raising $280M and signaling investor appetite for risky yet potentially rewarding digital assets. Record-Breaking: PUMP Meme Coin Presale Raises $280 Million on BakerySwap

[unable to retrieve full-text content]CoinspeakerFloki Developers Push Regulated Digital Banking, Propelling Token’s Utility Expansion Floki ventures into regulated digital banking, signaling a shift from meme to mainstream crypto. Floki Developers Push Regulated Digital Banking, Propelling Token’s Utility Expansion

[unable to retrieve full-text content]CoinspeakerBitcoin ETF Issuer WisdomTree Bags NYDFS License to Launch Crypto App WisdomTree intends to use the WisdomTree Digital Trust Company to provide products and services to institutions and commercial customers in the future.  Bitcoin ETF Issuer WisdomTree Bags NYDFS License to Launch Crypto App

[unable to retrieve full-text content]CoinspeakerShorthanded EU Struggles in Crypto Regulation Risk Falling behind Global Standards EU's securities watchdog ESMA struggles to keep pace with crypto regulations as ESMA confronts resource constraints. Shorthanded EU Struggles in Crypto Regulation Risk Falling behind Global Standards

[unable to retrieve full-text content]CoinspeakerSilvergate Bank Faces Class-Action Lawsuit Over Alleged Role in FTX Fraud In its defense, Silvergate argued that it did not have a duty of care towards FTX customers and that its actions were not a significant factor in the customers' inability to withdraw funds. Silvergate Bank Faces Class-Action Lawsuit Over Alleged Role in FTX Fraud